All Retail articles – Page 636
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ArticleGreen set to bid £10bn cash for M&S
Philip Green is expected to finalise details of a new £10 billion all-cash offer for Mark & Spencer this week.
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New shopping centre for Liverpool
Deputy PM John Prescott has approved plans to build an £800m retail development in Liverpool. The retail centre will be built on a 42.5 acre site on Paradise Street, and will be completed by 2008, the year Liverpool becomes the European Capital of Culture.
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ArticleKing's former boss joins Sainsbury's
Justin King has appointed his former boss at Asda as the new trading director of Sainsbury’s.
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ArticleM&S rejects bid
Marks and Spencer has confirmed it has rejected a proposed takeover bid from retail entrepreneur Philip Green, saying it significantly undervalued the group.
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Green tables M&S bid
Billionaire retailer Phillip Green has laid his conditional bid of £9 billion for Marks and Spencer on the boardroom table.
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Consumer demand accelerates sales
UK retailers have experienced rapid sales growth for the year to May, the highest level since 2002.
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Ex-Londis chief earned £6m
Graham White, the Londis former chief executive, earned close to £6 million last year.
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ArticleRose appointment bolsters M&S defence
Marks & Spencer has appointed Stuart Rose, former head of clothes store group Arcadia, as its new chief executive.
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ArticleTesco targets China
Tesco is looking to expand into China, as price competition at home is stifling profit growth, according to chief executive Sir Terry Leahy.
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ArticleSwiss Coop goes 100 per cent Fairtrade bananas
The Coop in Switzerland has become the first supermarket chain to switch all of its bananas to Fairtrade.
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ArticleGreen light for M&S takeover
Retail entrepreneur Philip Green is considering a bid for Marks & Spencer.
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Snell moves up at Asda
Mike Snell is to leave his position as head of the fresh produce team at Asda.
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ArticleTomatoes take multiples by storm
Supermarkets revelled in staggering increased UK tomato sales last week as interest in the category soared during the first ever British Tomato Week.
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Gangmaster report calls for government urgency
The Environmental Food and Rural Affairs Committee’s latest report into gangmaster activities argues the government is still failing to respond quickly to illegal activities on the part of some gangmasters.
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M&S sales disappoint
Marks & Spencer has said it is not satisfied with its sales despite reporting a modest profits increase.
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Wal-Mart eyes European move
Wal-Mart wants stores in every country in Europe and will consider opening its own outlets as well as making large acquisitions, according to the retail giant’s chief executive.
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Former T&S pair launches Londis bid
Two former T&S directors are planning a £60 million private equity-backed bid for Londis, the convenience store group.
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Shares for Sainsbury's chief as staff bonus is axed
Sainsbury’s chief executive Justin King has been allocated free shares worth up to £504,000 as the supermarket group confirmed plans to scrap the staff’s annual Christmas bonus.
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Co-op posts best growth since 1960s
The Co-operative movement’s net profits rose by 38 per cent last year to £441 million, it reported at its annual congress in Manchester.
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ArticleCape celebrates decade of South African democracy
Cape is running a four-week South African apples and pears promotion throughout selected Tesco stores, to celebrate a decade of democracy in the country.